Newsroom Headlines

Luxury fitness company Equinox Holdings Ltd. has received around $1.8 billion in fresh capital to refinance maturing loans and support its growth strategy, according to a statement seen by Bloomberg

Short on time and running out of options after its scuttled merger with JetBlue Airways Corp., Spirit Airlines Inc. is left looking to debtholders for a lifeline. They will want a lot in return

Charge Enterprises Inc., a public company building charging stations for electric vehicles and broadband infrastructure, filed bankruptcy to implement a restructuring plan that will hand control of

While rivals Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. agreed to pay more than $13 billion combined to settle opioid lawsuits, Rite Aid never reached a similar accord before its

Wine enthusiasts shopped at the Underground Cellar online marketplace not only to build their collections but because it would store their purchases in a climate-controlled warehouse in California’s

Even as unemployment remains historically low and recession fears fade, consumer credit scores are starting to buckle. The national average FICO score dipped to 717 as of October, down from 718 in

The Federal Reserve said yesterday that total consumer credit rose $19.5 billion in January, up from a slight $919 million gain in the prior month, MarketWatch.com reported. That translates into a

The federal government is likely to win in its lawsuit against Strategic Financial Solutions, a debt negotiation company, according to a magistrate judge’s preliminary injunction granted this week

Small businesses in the U.S. remained upbeat in their outlook for 2024 despite elevated debt burdens and high borrowing rates that limited their access to new credit, a new Federal Reserve survey

Small business owners in the U.S. are struggling to get financing from traditional lenders as the impact of higher rates and bank failures of a year ago linger, holding back business growth for some